“The changes were made to ensure a better coordination of activities for a higher efficiency,” Transelectrica said in a statement sent to the Bucharest Bourse Thursday.
The other members of the Council, elected through cumulative voting, are: Dan Voiculescu- administrator of Argus Constanta, Petrisor Ovidiu Artopolescu- former manager with Microsoft Romania and ex-secretary of state with Ministry of Communications and Information Technology, Adrian Gheorghe Costin- director with National Customs Authority, Dumitru Parvulescu – deputy secretary general with the Economy Ministry, Gabriel Gheorghe Gheorghe – former Sibiu Financial Guard commissioner, as well as Radu Bugica – former manager for Romania of SigmaBleyzer fund, which took over Covalact).
The mandates of the Council’s members have a four-month validity.
Transelectrica is state-owned, through the Economy Ministry, and its shares are listed on the Bucharest Stock Exchange.